Deed of Undertaking concerning hybrid capital security due 3015Nov 12, 2015Further to DONG Energy’s announcement on 27 October 2015, where DONG Energy communicated that it was looking into possible ways to re-establish the ‘Intermediate’ (50%) equity content of its outstanding
Far East Energy ceases all operations and commences bankruptcy proceedingsNov 12, 2015Far East Energy Corporation has ceased operations and commenced bankruptcy proceedings by filing a voluntary petition for relief under provisions of Chapter 7 of Title 11 of the United States Code to
TransGlobe Energy Corporation announces 2016 capital guidanceNov 12, 2015TransGlobe Energy Corporation says that its Board of Directors has approved a capital budget of $41 million for 2016 and declared a quarterly dividend of US$0.025 per common share, which will be paid in cash
Long Run Exploration amendments to proposed private placementNov 10, 2015Long Run Exploration Ltd. says that due to current market conditions, Long Run has amended the terms of its previously announced private placement with Maple Marathon Investments Limited
Niko Resources provides corporate updateNov 9, 2015Niko Resources Ltd. has reached an agreement with the institutional lenders of its US$340 million senior term loan facilities to further extend the dates of the previously
Corvus Energy closes investment from Statoil Technology InvestNov 6, 2015Corvus Energy has closed a strategic investment from Statoil Technology Invest. Corvus technology powers more than 35 commercial hybrid and electric vessels
Magnum Hunter Resources refinances revolving credit facilityNov 6, 2015Magnum Hunter Resources Corporation has refinanced its existing senior secured revolving credit facility with certain banks and obtained additional
EXCO Resources closes second lien term loanNov 5, 2015EXCO Resources, Inc. has closed the funding of its previously announced 12.5% Senior Secured Second Lien Term Loan in the aggregate
Petrolia Inc. closes a private placementNov 5, 2015Pétrolia Inc. has closed a private placement. The Corporation has issued an aggregate of 3,825,000 "flow-through" shares at a price of
Real Energy receives R&D tax incentive paymentNov 5, 2015Real Energy Corporation Limited has received approximately $5.9 Million from the Australian Taxation Office in respect
MCW Energy Group announces proposed debt transactionNov 4, 2015MCW Energy Group Limited has entered into a non-binding term sheet for a proposed non-convertible note financing for up to
Ithaca Energy completes RBL redeterminationNov 3, 2015Ithaca Energy Inc. has successfully completed its planned semi-annual reserves based lending (RBL) facilities review and continues to maintain
Sunshine Oilsands extends closing of private placementNov 3, 2015On November 2, 2015, the Board of Directors consented to a further extension of the closing date for the remaining 413,520,000 Shares (HK $310,140,000 or approximately CDN $53.5 million)
Caza updates the status of its debt facilitiesNov 3, 2015Caza Oil & Gas, Inc. provides an update regarding the status of its debt facilities with Apollo Investment Corporation (Apollo), an investment fund
WISON granted over 4-billion-RMB line of creditNov 3, 2015WISON Offshore & Marine Ltd. has been granted over 4-billion-RMB line of credit by China Minsheng Bank (CMBC) to support its new order financing.
Orca enters into loan agreement with IFCNov 2, 2015Orca Exploration Group Inc. has entered into a loan agreement with International Finance Corporation (IFC), a member of the World Bank Group,
Traverse Energy closes private placement financingOct 30, 2015Traverse Energy Ltd. has successfully closed its previously announced non-brokered private placement (the "Private Placement") of common shares
Bonterra Energy Corp. provides corporate updateOct 30, 2015Bonterra Energy Corp. is pleased to provide a corporate update with regard to its credit facilities, maintaining its $0.15 monthly dividend per common
Ashtead Technology invests $300,000 in New Underwater TechnologyOct 29, 2015Ashtead Technology has invested over $300,000 in the latest generation of visual inspection tools for deep sea exploration.
Minesto attracts additional 145 MSEK and gets 2,500 new shareholdersOct 28, 2015Marine energy company Minesto, raises another 145 MSEK and gets circa 2,500 new shareholders as a new share issue has been completed to the public in Sweden,
EXCO Resources closes second lien term loansOct 28, 2015EXCO Resources, Inc. has closed the funding of its previously announced 12.5% Senior Secured Second Lien Term Loan in the aggregate principal amount of $300 million
MEG Energy significantly reduces overall cost structureOct 28, 2015MEG Energy Corp. reported third quarter 2015 operating and financial results. Highlights include:Net operating costs of $9.10 per barrel, supported by record-low non-energy operating costs of $5.98 per barrel in
African Petroleum Corporation completes equity placementOct 26, 2015African Petroleum has completed the private placement, raising NOK16.5m (c $2m). This capital injection allows the company to continue to fund itself, while
Gazprom announces adjusted Investment Program for 2015Oct 24, 2015The Gazprom Board of Directors approved the adjusted Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2015.
